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MrGaSp
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January 24, 2012, 11:12:16 AM
 #101

I now own 3/1500ths of your company  Grin

I hope you guys do really good, good luck!
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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PatrickHarnett
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January 24, 2012, 08:53:40 PM
 #102


Yes your math seems right but clearly mining conditions will change. However I think it will only get better for a while.

I am happy to be selling the IPO shares at 3BTC and honestly would not be so happy at $10. I have spent a lot of time an energy in this and am mostly selling shares as a hobby and a way to expand. Honestly I would love to get some 7970s and we might be able to soon if this deal works out with a member of the community.

Also one side effect of selling the IPO shares at 3BTC is a few share holders are selling at 2.99BTC and the like. Clearly that is every ones right but if anyone would like to buy directly from me at 3BTC please send me a PM and I can transfer the stock into your GLBSE account. If you do this you will help TyGrr Tech expand and get new 7970s. Once the IPO shares are gone, the open market will clearly be the only way to get stock.


Thank you for the reply and information. 
MyBitcoinMint
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January 24, 2012, 09:02:37 PM
 #103

How many shares are still left in this IPO?

My Bitcoin Mint
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Kluge
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January 26, 2012, 05:49:13 AM
Last edit: January 26, 2012, 07:59:01 AM by Kluge
 #104

As Goat will probably soon announce, I have purchased all the "non-20%" IPO shares, as well as a large stake in the "20%" IPO shares controlled by Goat at a significantly higher purchase price than IPO shares were originally set at. Currently, I own 250 TyGrr shares, which will increase to 375 shares ~1/30/12 pending check clearance from my bank, making me 1/4 owner of TyGrr. This put a few extra thousand dollars into TyGrr and, because no shares were actually created, will increase dividends and share price significantly. I'll let Goat handle dividend increase projections once he figures out the components he'll purchase.

I feel very positive about the performance of TyGrr and competence of the Goat, and have faith TyGrr has a long, prosperous future ahead of it. Until I run out of USD to pay bills, I intend to hold TyGrr stock, and largely keep out of TyGrr's operations, having faith in Goat's ability to operate our company. Early adopters likely won't have much more time to buy anything but after-market shares, and I'd like to note buying from Goat will only help to increase dividend and share price further.

Edit: I should probably note I intend to vote against any attempt to create new shares, though I'm willing to offer preferential loan terms.
Red Emerald
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January 27, 2012, 05:05:20 AM
 #105

Which BIP (if any) are your miners voting for?

Red Emerald
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January 27, 2012, 05:38:32 AM
 #106

https://bitcointalk.org/index.php?topic=56119.msg716104#msg716104

Please no more talk about this in the TyGrr Tech thread or the Project #2 thread.  Would like to keep on topic. Thanks.
I don't see this as off topic at all.  If I am going to invest money in someone, knowing how the want the network to operate is definitely a factor.

MrGaSp
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January 27, 2012, 08:35:00 PM
 #107

I can't believe the lowest the stock for TyGrr is 3.99BTC.  Glad i bought the night i did instead of waiting until after work oO
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January 29, 2012, 11:18:30 AM
 #108

https://bitcointalk.org/index.php?topic=56119.msg716104#msg716104

Please no more talk about this in the TyGrr Tech thread or the Project #2 thread.  Would like to keep on topic. Thanks.

Are you worried people might think project 2 provides the hashrate for and is funded by Tygrr and this is just an elaborate ponzi? I know I would worry. I hope you are providing your shareholders some proof of ownership of the hardware.

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January 29, 2012, 12:15:03 PM
 #109

You know this is the first time you talked to me since losing the butterfly labs bet.

Ignore lists and all that.

Quote
Are you still sore over that? You did lose a lot of reputation...  

Did I really? Ill let others judge. I may have lost the bet, but my point has always been that BFL wasnt a hit and run scam showing fake photographs; while nothing has been shipped so far, the evidence for my case has grown steadily and I think is now widely accepted, even by you. Maybe you should reread all the things you posted and wonder who lost credibility. To refresh your memory, you once said you would bet anyone $100.000 if they shipped a single working board. And IIRC you still owe everyone who preordered a board $100. You may think what you want, but Im quite happy with my reputation, thank you very much.

Matthew N. Wright
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January 29, 2012, 12:16:57 PM
 #110

You know this is the first time you talked to me since losing the butterfly labs bet.

Ignore lists and all that.

Quote
Are you still sore over that? You did lose a lot of reputation...  

Did I really? Ill let others judge. I may have lost the bet, but my point has always been that BFL wasnt a hit and run scam showing fake photographs; while nothing has been shipped so far, the evidence for my case has grown steadily and I think is now widely accepted, even by you. Maybe you should reread all the things you posted and wonder who lost credibility. To refresh your memory, you once said you would bet anyone $100.000 if they shipped a single working board. And IIRC you still owe everyone who preordered a board $100. You may think what you want, but Im quite happy with my reputation, thank you very much.


We're running a review on Butterfly Labs in the Bitcoin Magazine. Their engineer from France will be meeting with Vladimir Marchenko at our UK offices and we will end the mystery once and for all. It will be published either in this month or next month's issue. I hope everything enjoys it, regardless of how it turns out.

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January 29, 2012, 12:30:44 PM
 #111

We're running a review on Butterfly Labs in the Bitcoin Magazine. Their engineer from France will be meeting with Vladimir Marchenko at our UK offices and we will end the mystery once and for all. It will be published either in this month or next month's issue. I hope everything enjoys it, regardless of how it turns out.

Looking forward to it. Dont forget to tape the whole thing and ask the engineers ID. Goat is offering a $1000 reward:
https://bitcointalk.org/index.php?topic=48863.msg609886#msg609886

And a 10% discount on anyone purchasing from BFL:
https://bitcointalk.org/index.php?topic=48863.msg609823#msg609823

Matthew N. Wright
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January 29, 2012, 12:34:30 PM
 #112

We're running a review on Butterfly Labs in the Bitcoin Magazine. Their engineer from France will be meeting with Vladimir Marchenko at our UK offices and we will end the mystery once and for all. It will be published either in this month or next month's issue. I hope everything enjoys it, regardless of how it turns out.

Looking forward to it. Dont forget to tape the whole thing and ask the engineers ID. Goat is offering a $1000 reward:
https://bitcointalk.org/index.php?topic=48863.msg609886#msg609886

And a 10% discount on anyone purchasing from BFL:
https://bitcointalk.org/index.php?topic=48863.msg609823#msg609823

If that's true I am sure Goat would be more than happy to donate the $1,000 to Bitcoin Magazine.  Wink

The00Dustin
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January 29, 2012, 01:04:12 PM
 #113

Would a 10-to-1 split add liquidity/value for shareholders?  I ask because I notice that FPGA.contract seems to have more liquidity at ~ 1/10th of TyGrr and pay a similar dividend per 10 shares (or per BTC if you count TyGrr as 3 BTC and FPGA.contract as .3).  I'm not sure exactly what % the dividend would be in either case and obviously it would vary with mining, but I wonder if there wouldn't be more reasonable bids if the TyGrr shares sold for sub 1BTC like most other securities on GLBSE.
The00Dustin
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January 29, 2012, 04:32:31 PM
 #114

Most people familiar with stocks in general think no in value, but it seems to me like big name stocks with price tags in the hundreds don't typically move as much as big name stocks with price tags below 100 (in terms of % change, with Apple clearly breaking that rule after their last earnings report).  I'm not advocating for a split or arguing that it would add value, it was just something that occurred to me.  Like maybe people look at the price of a share more than the value of the share, so .33 BTC 10 times is easier to stomach than 3 BTC 1 time.  If it really worked that way (and it shouldn't), it would mean the guy that sold 10 shares post-split gained 10% just beacuse of the split.  Regardless, the split could make future public offerings to increase capital less likely to succeed because people could feel like there are too many shares and people are clearly afraid of dilution even when the threat doesn't exist (based on other threads).  All of that said, if a split is proposed and passed, I would look into whether or not the split functionality affects open bids, because otherwise some people with bids that are lowball right now will likely get screwed over by some opportunists with newly-split shares, and those people would probbly blame TyGrr before GLBSE or themselves.
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January 29, 2012, 06:24:08 PM
 #115

1. i think goat is doing a good&authentic job
2. the dividends are quite nice
3. lowest ask now are 4 BTC/share .. but i won't sell my 10 shares - i don't think i can get shares of such a good mining venture somewhere else
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January 31, 2012, 05:58:01 PM
 #116

Dividend will be  31.7BTC     





Difficulty      1,307,728
Hash Rate is estimated to be   10GHash/S

53.9 coins mined.

Electric is estimated to be 875 KWH at .1323$ KWH = $115.76


$115.76 / $5.5 = 21.0BTC

53.9 - 21.0 =  32.9BTC

32.9BTC x 95% = 31.25BTC


Namecoin bonus will be .5BTC

Total will be 31.7BTC this week.



Working on setting up the 7970s, hopefully will have a vote soon and add this in next week:)

get them running! now! Smiley

*10/1500 just voted for it*
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February 06, 2012, 02:45:56 AM
 #117

38 YAY
3 NAY


in the vote till now..
since there are NAYs i would like to discuss them.. why NAY?
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February 06, 2012, 01:25:57 PM
 #118

38 YAY
3 NAY


in the vote till now..
since there are NAYs i would like to discuss them.. why NAY?

I would also like to know why as this will add to the dividend at no cost to stock holders.

Edit:  67 to 3 so far. 

Kluge, would you like to add some input to this? Smiley
*rubs "morning sand" out of eyes* 434 to 3.
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February 09, 2012, 03:25:21 AM
 #119

Not sure if you decided to add the new hardware, but if you do I can volunteer to buy this in HK and bring it in my suitcase to HK. I am flying to Thailand within a week or two.
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February 09, 2012, 09:14:28 PM
 #120

Derp. Reason "last price" right now is 1.25BTC is because I mis-typed and sold the wrong stock @ .38BTC :x
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